Donald Trump News

Indian economy in 2025. While the outlook remains optimistic, the report, authored by Radhika Rao Senior Economist, DBS Bank and Philip Wee, Senior FX Strategist, DBS Group, highlights both structural strengths and cyclical headwinds.

Bitcoin since Donald Trump’s US election victory is moderating both in the spot and derivatives markets. The largest digital asset slid below $87,000 at one point on Friday after Federal Reserve Chair Jerome Powell said there was no need to hurry interest-rate cuts. The token later pared back some of its losses trading at $90,265 as of 12:11 p.m. in London.

Subscribe to enjoy similar stories. The return of Donald Trump to the US presidency has raised fears worldwide of a trade war. Throughout his campaign, Trump vowed to raise tariffs on US imports, arguing that cheap imports were threatening American jobs.

Shares are mixed in Asia after U.S. stocks fell to their worst loss since Election Day

Bluesky, a decentralized microblogging platform, is seeing a surge in users as discontent with Elon Musk’s X grows. Musk’s role in the U.S. government as part of President Donald Trump’s advisory team has raised concerns about how content is moderated on X. Critics argue that the platform has reinstated accounts previously banned for hate speech, undermining trust in its content policies. Bluesky, described by its creators as “social media as it should be,” presents itself as a fresh alternative. It combines the familiar interface of Twitter’s earlier days with a decentralized architecture, offering greater privacy and user control.

Brendan Carr will take over as the permanent Chairman of the Federal Communications Commission (FCC). Carr, currently the senior Republican commissioner at the agency, was first nominated to the FCC by Trump in 2017 and unanimously confirmed by the Senate. His term extends through 2029. In his statement, Trump praised Carr’s contributions, stating: “His current term runs through 2029 and, because of his great work, I will now be designating him as permanent Chairman.” Carr has «fought against the regulatory Lawfare that has stifled Americans' Freedoms» and will «end the regulatory onslaught that has been crippling America's Job Creators and Innovators, and ensure that the FCC delivers for rural America,» Trump said in the statement.

Asian stocks dipped early Monday as traders reined in expectations of Federal Reserve interest rate cuts following fresh signs of US economic resilience. Japanese and Australian shares fell. South Korea’s benchmark bucked the trend, led by Samsung Electronics Co.’s rally after it announced a stock buyback plan. US futures gained, after the S&P 500 slid 1.3% on Friday to erase more than half of its gains following the US election.

local-currency bonds is souring as investors dump bets on interest-rate cuts, fears of a tariff trade war grow, and the dollar surges. A Bloomberg index of developing-nation local debt has tumbled 3.5% since the start of October, trimming the year's gain to less than 2%. The slide has accelerated since the election victory of Donald Trump, whose «America First» policies are seen as harmful for emerging markets, and whose economic agenda has pushed up the dollar and Treasury yields.

Subscribe to enjoy similar stories. The depreciation of the rupee has always been a political hot potato even though it is a natural trend for an emerging market. The rupee’s value is currently at a low, triggered by the strengthening of the US dollar since Donald Trump’s victory in the presidential election.

Joe Biden has for the first time authorised the use of U.S.-supplied long-range missiles by Ukraine to strike inside Russia, according to people familiar with the matter. The decision is a major U.S. policy shift and comes as Biden is about to leave office and President-elect Donald Trump has pledged to limit American support for Ukraine and end the war as soon as possible, as per reports. The weapons are likely to be used in response to North Korea's decision to send thousands of troops to Russia in support of Russian President Vladimir Putin's invasion of Ukraine, according to one of the people, AP reported. The people were not authorised to discuss the matter publicly and spoke on condition of anonymity.

The U.S. antitrust watchdogs that pounced on Big Tech and deterred dealmaking throughout corporate America during President Joe Biden’s administration may be tamer and kept on a shorter leash by President-elect Donald Trump after he returns to the Whit...

Joe Biden has for the first time authorized the use of U.S.-supplied long-range missiles by Ukraine to strike inside Russia, according to one U.S. official and three people familiar with the matter. The decision is a major U.S. policy shift and comes as Biden is about to leave office and incoming President-elect Donald Trump has said he would bring about a swift end to the war and has expressed skepticism over continued support by the United States. The weapons are likely to be used in response to North Korea's decision to send thousands of troops to Russia in support of Russian President Vladimir Putin's invasion of Ukraine, according to one of the people. The official and the people familiar with the matter were not authorized to discuss the decision publicly and spoke on condition of anonymity.

President-elect Donald Trump has selected Chris Wright, a campaign donor and fossil fuel executive, to serve as energy secretary after his second administration begins in January

Kamala Harris' debt-laden presidential campaign spent a staggering $2.6 million on private flights during the final weeks of the election season, according to documents released by the Federal Election Commission (FEC), as mentioned in a report by Fox News. This revelation sheds light on the significant financial decisions made by the campaign, which is now believed to be grappling with a $20 million debt load after its defeat by President-elect Donald Trump on November 5. The FEC filings, which were published in a report by Fox News Digital, detail the private flight expenditures for October alone, totaling $2,626,110.

Subscribe to enjoy similar stories. Nerf guns. Monopoly board games.

«The fight against climate change has been a defining cause of President Biden's leadership and presidency,» the White House said in a statement ahead of Biden touching down in the Brazilian city of Manaus, in the Amazon. Biden is making his last swing through South America before handing over the presidency to Donald Trump — a climate-change skeptic.

Biden's administration may be kept on a shorter leash by Donald Trump after he returns to the White House next year. Although regulators began cracking down on tech powerhouses such as Google and Facebook during Trump's first term as president, most experts expect his second administration to ease up on antitrust enforcement and be more receptive to mergers and deal-making after years of hypervigilance under Biden's watch. One of the biggest reasons underlying the anticipated pivot stems from the widespread belief that the chief architects of the Biden administration's get-tougher stance — Lina Khan of the U.S. Federal Trade Commission and the Justice Department's Jonathan Kanter — won't be part of the Trump regime.

Subscribe to enjoy similar stories. President-elect Donald Trump’s push for peace negotiations between Russia and Ukraine is finding growing acceptance among Ukraine’s European allies, who increasingly worry that time isn’t on Ukraine’s side in the war. While European leaders have started discussions to see whether they could fill any funding gap for Kyiv if the incoming Trump administration cuts off support, officials in many capitals recognize that an off-ramp to the conflict appears increasingly necessary.

Subscribe to enjoy similar stories. Hope continues to burn bright, despite a renewed sense of foreboding, that there may be a sliver of light at the end of the climate change tunnel. There is anxiety due to two shadows hanging over Baku, Azerbaijan’s capital, which is hosting the latest edition of multilateral climate change talks, CoP-29.

Volodymyr Zelenskyy has said Ukraine must do all it can to ensure the war with Russia ends next year through diplomacy, commenting at a decisive moment after Donald Trump’s U.S. presidential election win and Russia’s grinding battlefield gains.However, Zelenskyy said Russian President Vladimir Putin was not interested in agreeing to a peace deal, and argued it was convenient for Moscow to sit down to talk while continuing to fight.“From our side, we must do everything so that this war ends next year, ends through diplomatic means,” Zelenskyy said in a Ukrainian radio interview aired on Saturday.Moscow’s ambassador to the U.N.

Donald Trump announced this past week was an unusual appointment: Elon Musk and Vivek Ramaswamy will lead a newly created Department of Government Efficiency. While Trump has not detailed how the entity will operate, he said in a statement that it would «slash excess regulations, cut wasteful expenditures and restructure federal agencies» and «provide advice and guidance from outside of government.» Conventionally, what outsiders can do in the government has been pretty limited. But with Trump and Musk both known for pushing boundaries, it's not clear what «DOGE» will look like.